REA Group failed to acquire Rightmove for £6.1bn.

REA Group, an online real estate advertising company, failed to acquire Rightmove, a company which runs rightmove.co.uk, the UK's largest online real estate property portal, for £6.1bn. REA believes the Proposal represents a highly compelling proposition to unlock value for both Rightmove and REA shareholders by creating a global and diversified digital property company, with strong margins and significant cash generation, underpinned by number one positions in Australia and the UK.